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At Faire Winter Market in February, we debuted a new preorder marketplace, exclusively for apparel, footwear, and accessories brands. The marketplace proved to be critical for retailers looking to lock in the best inventory and plan ahead, and helped brands triple their preorders sales ahead of upcoming seasons.
After seeing more than a 10x increase in preorder demand on Faire over the past year, we are thrilled to announce our first-ever dedicated apparel and footwear preorder event, Faire Fashion Week. The event, taking place August 30 through September 3, 2021, will provide the best-in-class preorder supply, with brands debuting their latest designs for future seasons to Faire’s global and differentiated community of 200,000 independent retailers. Additionally, brands can benefit from increased concentrated demand as participating retailers will receive 20% off any time they preorder over $1,000 from a brand at the event.
Participation at Faire Fashion Week is free! You can register to sell at the event today.
Faire is funding 20% off preorders $1,000 & up
To help bring you new retailers and grow your preorder sales, Faire is funding volume-based specials exclusively during the five-day event. Any retailer who shops from you at Faire Fashion Week will receive 20% off their preordered styles of $1,000 or more from your brand.
Give $500 to spend on preordered styles & free shipping for a year
Faire Fashion Week is also a great place to sell more to your existing customers with Faire’s unique incentives for retailers, including net 60 terms. Exclusively for the event, we’re increasing the Faire Direct referral offer to $500 for retailers who are new to Faire! Offer them $500 to spend on your preorder line during the event, plus free shipping for a year.
By inviting existing customers to participate in the event, you’ll pay 0% commission on those orders, and can offer them competitive financial incentives that make it easier for them to place more preorders.
As an added bonus, Faire is offering increased net 60 terms limits for retailers who shop at Faire Fashion Week to help them buy more at the event.
Build relationships with retailers, risk-free
Faire Fashion Week is the perfect place to build relationships with new retailers around the world. You can access over 200,000 retailers who use Faire to stock their store. Plus, with our recent expansion abroad, Faire brands can now instantly reach thousands of retailers across Europe and the United Kingdom —helping them grow their businesses internationally.
Most importantly, new retailers who shop your preorder styles on Faire are verified by our risk team. Faire qualifies buyers through a multi-step process that can include store information like reseller tax paperwork and business registration filings.
Making Faire the best place to preorder
We know that preorders are essential for helping you predict demand, manage your balance sheet, and offer your top customers your best products each season. Apparel and footwear retailers come to Faire to buy preorders because they can access top styles from thousands of apparel & footwear brands in one place, and buy more up-front thanks to Faire’s competitive financial terms. Many retailers also use Faire as a way to easily test new brands by purchasing immediate styles, then come back to shop their preorder catalogs—helping turn one-time buyers into lifelong customers.
We’ve invested in building new tools over the past year to make selling preorders on Faire easier, intuitive, and more successful for your business. Read more about our improvements to the preorder experience here.
We’re excited to celebrate the apparel community at Faire Fashion Week—the best time to preorder styles on Faire. We hope you’ll join us to sell your unique fashion lines on August 30, 2021.
To register to sell, click here.
